Ninety-nine point nine percent of gold and silver mining companies and their executives are brain-dead, merely geologists and accountants, unaware of the monetary nature of their product and how their product is priced by surreptitious market intervention by central banks. But here and there certain companies and their executives have a clue, and First Majestic Silver Corp. today again proclaimed itself to have far more than a clue.

First Majestic announced that it won't sell its metal into the recent weakness in the silver futures markets. In a statement the company said:

"Silver prices declined 19 percent in the third quarter, representing the second largest quarterly decline since the financial crisis in 2008. As a result of this weakness, the company decided to temporarily suspend silver sales in an attempt to maximize future profits. This suspension of sales will result in lower revenues and earnings for the third quarter. However, it is likely that these inventories of unsold ounces will instead be sold in the fourth quarter. As of September 30, 2014, approximately 934,000 ounces of silver were held in inventory."

This isn't the first time that First Majestic has withheld production amid price weakness. The company and its chief executive officer, Keith Neumeyer, long have acknowledged that the monetary metals are monetary and subject to attack by issuers of other forms of money. Unlike most other gold and silver mining companies, First Majestic is not inclined to cooperate with such attacks. It even mints its own silver rounds, bars, and ingots and sells them directly to the public:

Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal in 2014, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit: